Persistence analysis of research intensity in OECD countries since 1870

IF 16.4 1区化学 Q1 CHEMISTRY, MULTIDISCIPLINARY

Accounts of Chemical Research Pub Date : 2022-06-21 DOI:10.1111/1467-8454.12271

Sakiru Adebola Solarin, Gema Lopez, Luis A. Gil-Alana

{"title":"Persistence analysis of research intensity in OECD countries since 1870","authors":"Sakiru Adebola Solarin, Gema Lopez, Luis A. Gil-Alana","doi":"10.1111/1467-8454.12271","DOIUrl":null,"url":null,"abstract":"This paper analyses the persistence of research intensity in the OECD over the period 1870–2018. The goal is to test if the conclusion of the study conducted by Ang and Madsen (Ang, J. B., & Madsen, J. B. (2011). Can second-generation endogenous growth models explain the productivity trends and knowledge production in the Asian miracle economies? The Review of Economics and Statistics 2011, 93(4), 1360–1373), namely that the Schumpeterian growth models predict that research intensity is stationary, is correct. Using fractional integration methods on annual research intensity from 16 OECD countries, we observe that the series are very persistent. The order of integration is observed to be statistically higher than 1 in all the countries except Spain, rejecting thus the hypothesis of stationarity. When the likelihood of non-linear trends is considered in the analysis, the results are not materially different. An implication of the results is that policies aimed at boosting research activities will have a long-term impact on research intensity.","PeriodicalId":1,"journal":{"name":"Accounts of Chemical Research","volume":null,"pages":null},"PeriodicalIF":16.4000,"publicationDate":"2022-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Accounts of Chemical Research","FirstCategoryId":"96","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1111/1467-8454.12271","RegionNum":1,"RegionCategory":"化学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"CHEMISTRY, MULTIDISCIPLINARY","Score":null,"Total":0}

引用次数: 0

Abstract

This paper analyses the persistence of research intensity in the OECD over the period 1870–2018. The goal is to test if the conclusion of the study conducted by Ang and Madsen (Ang, J. B., & Madsen, J. B. (2011). Can second-generation endogenous growth models explain the productivity trends and knowledge production in the Asian miracle economies? The Review of Economics and Statistics 2011, 93(4), 1360–1373), namely that the Schumpeterian growth models predict that research intensity is stationary, is correct. Using fractional integration methods on annual research intensity from 16 OECD countries, we observe that the series are very persistent. The order of integration is observed to be statistically higher than 1 in all the countries except Spain, rejecting thus the hypothesis of stationarity. When the likelihood of non-linear trends is considered in the analysis, the results are not materially different. An implication of the results is that policies aimed at boosting research activities will have a long-term impact on research intensity.

查看原文本刊更多论文

1870年以来经合组织国家研究强度的持续性分析

本文分析了1870-2018年期间经合组织研究强度的持续性。目的是测试Ang和Madsen (Ang, J. B.， &;Madsen, j.b.(2011)。第二代内生增长模型能否解释亚洲奇迹经济体的生产率趋势和知识生产?The Review of Economics and Statistics, 2011, 93(4)， 1360-1373)，即熊彼特增长模型预测研究强度是平稳的，是正确的。采用分数积分方法对16个经合组织国家的年度研究强度进行分析，我们观察到该序列非常持久。除西班牙外，所有国家的整合顺序在统计上都高于1，因此拒绝了平稳性假设。当分析中考虑非线性趋势的可能性时，结果并没有实质性的不同。研究结果的一个含义是，旨在促进研究活动的政策将对研究强度产生长期影响。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

Accounts of Chemical Research 化学-化学综合

CiteScore

31.40

自引率

1.10%

发文量

312

审稿时长

2 months

期刊介绍： Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.